Prototype Machine Company

$1,593,537 PPP Loan in Flatonia, Texas

Loan Details

Loan Number
2598107406
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,593,537
Current Approval
$1,593,537
Forgiveness Amount
$1,604,869
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Prototype Machine Company
Address
818 Prototype Road P.o. Box 249
State
Texas
ZIP Code
78941
Business Type
Corporation
Industry (NAICS)
Manufacturing (333913)
Business Age
Existing or more than 2 years old
Jobs Reported
136
Estimated Revenue
$35.6M
Rural/Urban
Rural
Congressional District
TX-10

Loan Use Breakdown

Payroll
$1,274,830
Utilities
$159,353
Mortgage Interest
$159,354

Lender Information

Servicing Lender
Gulf Capital Bank
Originating Lender
Gulf Capital Bank

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